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Iran plans $2.5bn oil tanker expansion
Apr 03, 2016 09:37Iran is renting its oil tankers to foreigners after the lifting of sanctions and plans $2.5 billion of investment to renovate and expand the fleet, a senior official says.
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Iran’s oil production up 100k bpd
Apr 02, 2016 10:49The latest market figures show Iran’s oil production rose by 100,000 barrels per day (bpd) in March – a yet another sign of the country’s positive performance after the removal of multiple-year sanctions.
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Asia's imports of Iran oil hit 2-year high
Mar 31, 2016 10:03The latest market figures show that imports of crude oil from Iran by Asian clients in February jumped by about a quarter from a year earlier to levels last seen in 2014.
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Iran says ready to export gas to Pakistan
Mar 26, 2016 14:50Iran said on Saturday that it is ready to provide natural gas to Pakistan within months through a key pipeline that has been the focus of energy talks between the two countries for years now.
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Boosting border security promotes economic development: President Rouhani
Mar 26, 2016 14:44President Hassan Rouhani says Iran and Pakistan should expand cooperation to boost security in the border region in a bid to promote economic development plans in both countries
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Iran to lift visa with 28 countries
Mar 26, 2016 14:36Iran said on Saturday that it is pursuing a plan to lift visa requirements with 28 countries in an effort which is meant to help boost the mutual tourism ties with the target countries.
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Iran says positive Boeing deal coming
Mar 25, 2016 11:09Iran says talks with Boeing over the purchase of new planes are continuing, stressing that a deal with the American aviation giant is “very likely” to be sealed.
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Iran exported 14mn barrels of oil to Europe since mid-Jan.
Mar 25, 2016 10:32Iran says it has exported 14 million barrels of oil to Europe ever since the sanctions against the country were lifted in mid-January.
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Banks still afraid of US fines to process Iran deals
Mar 23, 2016 09:45Despite the January removal of economic sanctions against Iran, global enterprises are still complaining that trade with the country is still difficult as a result of lingering fears of US punitive actions.
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Larger liability support for Iran oil imports
Mar 23, 2016 09:39As Iran is moving ahead with a promised rise in its oil exports, indications are appearing that the international businesses are trying to ease the flow of the Iranian oil to markets.